Namibia GDP growth seen accelerating to 2.2 percent this year: finance minister
By Respect Gwenzi, Feb 14, 2018
Namibia's economic growth is expected to accelerate to 2.2 percent this year from an estimated 1.6 percent growth in 2016, supported by higher commodity prices, Finance Minister Calle Schlettwein said on Friday.
"We expect improvement due to rising commodity prices although some of the revenue increases might be offset by an (unfavourable) exchange rate. There is renewed interest in exploration projects especially Lithium," Schlettwein said.
-Reuters

Top Stories
Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025Unifreight Projects US$32 Million Turnover for FY2025, Betting on Cross-Border, 4PL Units
Unifreight Africa is projecting a FY2025 top line of US$32 million building on its latest investments in Fourth-Party Logistics (4PL) and Cross Border Units which came online barely 12 months having l
May 27, 2025